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meganspear
New Member

I received a year end gain/loss report from Charles Schwab for my Roth IRA. Where do I report this on my taxes?

It's a small Roth IRA, with less than 10k. There's not much activity in the year end report. Do I even need to report it?
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RichardG
New Member

I received a year end gain/loss report from Charles Schwab for my Roth IRA. Where do I report this on my taxes?

You only need to report contributions and withdrawals from the account.  Changes in account value do not get reported on your tax return.

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3 Replies
RichardG
New Member

I received a year end gain/loss report from Charles Schwab for my Roth IRA. Where do I report this on my taxes?

You only need to report contributions and withdrawals from the account.  Changes in account value do not get reported on your tax return.

meganspear
New Member

I received a year end gain/loss report from Charles Schwab for my Roth IRA. Where do I report this on my taxes?

Thank you so much! I appreciate your time:)
judybrown623
Level 1

I received a year end gain/loss report from Charles Schwab for my Roth IRA. Where do I report this on my taxes?

Same thing just happened to me from Schwab. I was glad this answer was already in the data base!  Fast to solve!

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